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Tue 18 Apr 2006, 16:49 Bonatla Property Holdings Limited - Trading Update
BNT
 BNT                                                                             
Bonatla Property Holdings Limited - Trading Update And Further Renewal Of       
Cautionary                                                                      
BONATLA PROPERTY HOLDINGS LIMITED                                               
(Registration number 1996/014533/06)                                            
Share code: BNT            ISIN: ZAE000013694                                   
("Bonatla" or "the company")                                                    
TRADING UPDATE AND FURTHER RENEWAL OF CAUTIONARY                                
In compliance with paragraph 3.4 of the Listing Requirements of the JSE Limited,
a listed company is required to publish a trading statement as soon as it       
becomes aware that the financial results for the next period to be reported on  
will differ by at least 20% from those of the previous reported period.         
Bonatla wishes to advise shareholders that the loss reported in the previous    
corresponding period has been turned around to a profit for the six months ended
31 March 2006.  Consequently, the headline earnings per share are expected to be
between 0.1 and 0.25 cents for the six months ended 31 March 2006, as compared  
to a headline loss of 5.97 cents per share for the six months ended 31 March    
2005.  Similarly, the earnings per share for the 6 months ended 31 March 2006   
are expected to be between 0.4 and 0.6 cents per share, compared to the loss of 
5.97 cents per share for the 6 months ended 31 March 2005.                      
The financial information on which this trading statement has been based has not
been reviewed or reported on by the group"s auditors.                           
In addition, shareholders are advised that the previous cautionary is once again
renewed, as negotiations have reached an advanced state.  Shareholders are      
advised to continue to exercise caution when dealing in their Bonatla shares.   
Sandton                                                                         
18 April 2006                                                                   
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 18/04/2006 04:49:10 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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